Ethereum News Today: BlockDAG Raises $342 Million in Presale with Seattle Seawolves Partnership

BlockDAG has successfully raised $342 million through its presale, driven by a strategic partnership with the Seattle Seawolves, a prominent team in Major League Rugby. This collaboration not only enhances BlockDAG's visibility but also introduces blockchain technology to a broader audience, particularly sports enthusiasts. The presale has seen the sale of 24 billion coins, indicating strong investor interest and confidence in the project.

Mantle (MNT) has shown bullish trends, with its price prediction turning positive. Currently, MNT is trading between the 100-day Exponential Moving Average (EMA) at $0.6869 and the 200-day EMA at $0.7485. The cryptocurrency is also above the 23.6% Fibonacci retracement level at $0.6903, measured from the January 6 peak of $1.4198 to the July 1 low of $0.5524. A breakout from a falling wedge pattern could signal a shift, with the next potential jump reaching $0.8856, which matches the 50% Fibonacci level. The Relative Strength Index (RSI) is at 69, just below overbought territory, while the Moving Average Convergence Divergence (MACD) shows solid upward movement. However, if MNT gets rejected at the 200-day EMA, the price prediction could turn bearish, with a likely drop to $0.6903.

Ethereum (ETH) has also seen a bullish turn, with the price forecast suggesting that bulls are back in charge at the $3,000 mark. The cryptocurrency is now testing the top edge of a broadening wedge pattern. If this pattern breaks and flips to support, the Ethereum price forecast points to a run toward $3,470. However, if ETH falls back under $3,000, it may test $2,850, with stronger support closer to $2,500. The RSI and Stochastic Oscillator are both showing overbought readings, which supports current strength but also warns of a possible pullback. A close under $2,500 could shift the Ethereum price forecast downward, targeting around $2,110.

BlockDAG's partnership with the Seattle Seawolves is more than just a branding exercise. Fans will be able to collect digital goods, trade special NFTs, and access monthly drops with team content like match predictions and behind-the-scenes action. This move positions blockchain technology in front of global sports fans, potentially offering many their first hands-on experience with blockchain. It also expands BlockDAG's use case into lifestyle and entertainment, moving beyond traditional trading charts.

BlockDAG is preparing to go live on 20 exchanges, with MEXC, LBANK, CoinStore, XT.com, and BitMart already confirmed. The presale has raised over $342 million and sold 24 billion coins. Currently, BDAG is priced at $0.0016 in Batch 29, with a limited window before the GLOBAL LAUNCH release on August 11. The confirmed listing price is set at $0.05, offering early backers a potential 3,025% return. This makes BlockDAG one of the most anticipated presales in the crypto market.

While Mantle and Ethereum are showing strong upward trends, BlockDAG is carving its own path. With a GLOBAL LAUNCH release confirmed for August 11 and its price frozen at $0.0016, a possible 3,025% upside is still on the table. The Seawolves deal, 20 exchange listings, and real-world features make this presale one of the hottest right now. Mantle and Ethereum are climbing, but BlockDAG is clearly the next crypto to take off. Batch 29 is nearly done, and sharp buyers are locking in their spot while they still can.